Braskem Expands Its Fuels Business Portfolio With the Launch of Octane Plus

Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the expansion of its fuels business portfolio with the launch of Octane Plus focused on serving the premium segment of automotive fuels market worldwide. Octane Plus is an additive blended in the gasoline production process to increase the fuel's octane rating. The addition of Braskem’s Octane Plus enhances the fuel's ability to withstand intense temperatures which is crucial for high-performance engines requiring enhanced-octane gasoline to deliver the maximum power output.

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Octane Plus Motor (Photo: Business Wire)

“Braskem is one of the largest suppliers of chemical and petrochemical products in the world, and we are excited to launch Octane Plus to the market as the latest addition to our fuels portfolio. Octane Plus provides fuels with greater quality and performance, raising it to a new level of power and efficiency,” commented Eduardo Camelyer, Commercial Leader for Gasoline and Blendstocks at Braskem. “The introduction of the unique Octane Plus fuel additive supports Braskem’s aim of delivering its clients value-added product volumes while also facilitating new gasoline formulating business opportunities. We look forward to bringing all the benefits of our premium Octane Plus.”

The proprietary research and development process for Octane Plus was conducted at the Company’s Petrochemical Complex in Triunfo, Rio Grande do Sul located in Brazil. Current production will be exclusively dedicated to export volumes serving mainly the strong octane demand in the Central and North American regions. With initial export shipments from Brazil already underway, the additional ramping of client deliveries is expected in the coming months.

Braskem’s fuels product portfolio seeks to combine quality, performance, and sustainability in line with the high standards required by the market and regulatory agencies. Octane Plus joins Braskem’s fuels portfolio covering a range of premium and regular gasoline, low sulfur oil, liquefied petroleum gas (LPG), and other special gases, as well as other octane and oxygenate boosters.